CAVA Group (NYSE:CAVA) Insider Kenneth Robert Bertram Sells 1,074 Shares of Stock

CAVA Group, Inc. (NYSE:CAVA) insider Kenneth Robert Bertram sold 1,074 shares of the company’s stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $67.41, for a total value of $72,398.34. Following the completion of the transaction, the insider directly owned 50,116 shares of the company’s stock, valued at approximately $3,378,319.56. The trade was a 2.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Kenneth Robert Bertram also recently made the following trade(s):

• On Wednesday, November 26th, Kenneth Robert Bertram sold 3,788 shares of CAVA Group stock. The shares were sold at an average price of $50.70, for a total value of $192,051.60.

CAVA Group Price Performance

CAVA Group stock opened at $66.35 on Friday. The business has a 50 day moving average of $58.09 and a 200-day moving average of $65.41. The company has a market capitalization of $7.70 billion, a P/E ratio of 57.20, a P/E/G ratio of 3.40 and a beta of 2.41. CAVA Group, Inc. has a 1 year low of $43.41 and a 1 year high of $144.49.

CAVA Group (NYSE:CAVA) last posted its earnings results on Tuesday, November 4th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.01). CAVA Group had a return on equity of 8.88% and a net margin of 12.14%.The business had revenue of $292.24 million for the quarter, compared to analyst estimates of $292.88 million. During the same quarter in the prior year, the business earned $0.15 earnings per share. The firm’s quarterly revenue was up 19.9% on a year-over-year basis. Equities analysts anticipate that CAVA Group, Inc. will post 0.5 EPS for the current year.

Hedge Funds Weigh In On CAVA Group

Several institutional investors have recently made changes to their positions in the stock. Atlantic Union Bankshares Corp bought a new position in shares of CAVA Group during the 2nd quarter worth about $31,000. Cornerstone Planning Group LLC boosted its holdings in CAVA Group by 378.7% in the third quarter. Cornerstone Planning Group LLC now owns 450 shares of the company’s stock worth $27,000 after acquiring an additional 356 shares in the last quarter. Fifth Third Bancorp acquired a new stake in CAVA Group in the second quarter valued at approximately $38,000. Whittier Trust Co. increased its holdings in shares of CAVA Group by 60.9% during the second quarter. Whittier Trust Co. now owns 457 shares of the company’s stock valued at $38,000 after acquiring an additional 173 shares in the last quarter. Finally, Toth Financial Advisory Corp raised its position in shares of CAVA Group by 656.7% during the third quarter. Toth Financial Advisory Corp now owns 507 shares of the company’s stock worth $31,000 after purchasing an additional 440 shares during the period. Institutional investors and hedge funds own 73.15% of the company’s stock.

CAVA Group News Roundup

Here are the key news stories impacting CAVA Group this week:

• Positive Sentiment: Wall Street analyst coverage that encourages investors to consider CAVA may be supporting buying interest and short‑term demand. Brokers Suggest Investing in Cava
• Neutral Sentiment: Recent fundamentals remain mixed: quarterly revenue grew ~20% year‑over‑year but CAVA slightly missed EPS estimates and carries a high valuation (P/E ~57). That combination can mute upside from positive headlines. CAVA profile & recent results
• Negative Sentiment: A cluster of insider sales occurred on Jan. 21: CEO Brett Schulman sold 21,650 shares, CFO Tricia Tolivar sold 2,204 shares, and several other insiders (including Kenneth Bertram, Kelly Costanza and Theodoros Xenohristos) also trimmed positions — all at an average price of $67.41. Large, coordinated insider selling from multiple executives can be perceived negatively by investors as a signal of reduced near‑term insider conviction. CEO Form 4 (SEC)
• Negative Sentiment: Media coverage noted the stock underperforming while broader markets gained, which can attract short‑term selling pressure and reinforce negative momentum after the insider disclosures. CAVA stock sinks as market gains

Wall Street Analyst Weigh In

A number of research firms recently weighed in on CAVA. The Goldman Sachs Group restated a “neutral” rating and issued a $68.00 price objective on shares of CAVA Group in a report on Wednesday, November 5th. Truist Financial increased their price target on CAVA Group from $66.00 to $78.00 and gave the company a “buy” rating in a research note on Thursday, January 8th. Sanford C. Bernstein set a $70.00 price objective on CAVA Group in a research note on Wednesday, January 7th. KeyCorp reduced their target price on CAVA Group from $85.00 to $65.00 and set an “overweight” rating on the stock in a report on Wednesday, November 5th. Finally, Johnson Rice set a $72.00 price target on shares of CAVA Group in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $81.57.

About CAVA Group

CAVA Group, Inc (NYSE: CAVA) is a leading fast-casual restaurant company specializing in Mediterranean-inspired cuisine. Operating under the CAVA brand, the company offers customizable bowls, pitas and salads built around a variety of proteins, grains, fresh vegetables and house-made spreads. With a focus on high-quality ingredients and made-to-order preparation, CAVA aims to deliver a casual yet elevated dining experience for dine-in, takeout and catering customers.

Founded in 2011 in the Washington, DC metro area by Ike Grigoropoulos, Dimitri Katsanis and Brett Schulman, CAVA has pursued an aggressive growth strategy that included the 2018 acquisition of Zoe’s Kitchen.